- Ecosse Group Holdings Pty Ltd v FC of T involves a denied $340,000 input tax credit claim
- Australian Taxation Office denied the claim due to lack of evidence of legitimate acquisition of business assets
- Penalty imposed for a misleading tax statement
Source: ato.gov.au
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
